Allianz
Editor's comment: Taking evasive action
Failure to prepare is merely preparing to fail, or so says the oft-quoted maxim. And this week has all been about UK insurance companies demonstrating this is not a trap they have any intention of falling into with regard to the continued volatility in…
Dispute resolution: Cutting in the middle man
Financial savings and court support have never been sufficient to switch insurers onto alternative dispute resolution in big numbers. Will the Jackson reforms provide the essential incentives?
Allianz renews GAB Robins, Cunningham Lindsey and Davies contracts
Allianz Insurance has renewed contracts with GAB Robins, Cunningham Lindsey and Davies for another two years.
Insurers' PANIU recovers £10m but construction site theft rise signals new crime wave
The insurer-funded Plant and Agricultural National Intelligence Unit has in total recovered 411 items of plant worth £9.5m in total but highlighted growing theft of quad bikes and construction site robberies.
Allianz Commercial relaunches broker service
Allianz has relaunched its online risk management service Risk Director.
Consumers will suffer if Indian insurers can't increase rates
Pricing is a major challenge for India’s insurance industry, according to the new head of Bajaj Allianz General Insurance.
Greek exit could drive further insurer downgrades
Future ratings action on Italian and Spanish insurers is more likely to be driven by the macro-economic environment and sovereign rating than the idiosyncratic credit fundamentals of a particular insurer, Fitch said today.
Penny Black's Insurance Week
Handbags at dawn at the Biba conference
Household to become 'new motor' as insurers warn of price hikes to come
Insurers have issued a stark warning that home insurance could become the 'new motor', with years of unprofitability followed by unpopular price hikes, prompting a government and consumer backlash.
Euler Hermes and Mapfre enter credit joint venture
Allianz-owned credit insurer Euler Hermes and Spanish insurer Mapfre have agreed a 50/50 joint venture to develop their credit insurance business in Spain and four Latin American countries.
Departing migrant workers make EL claims as they leave, warns Allianz
Allianz UK boss Andrew Torrance has blamed east European construction workers returning home for a spike in employers' liability claims.
Commercial lines hurt Allianz's Q1 COR
Allianz has reported UK Q1 gross written premiums up 6.8% over same period in 2011 and a marginally worse combined operating ratio of 97.1% giving the firm its 37th consecutive quarter with a sub-100% COR.
Penny Black's Insurance Week
Penny meets a world-class rackets player
Market moves: IFB adds four to team
With the fight against fraud hanging in the balance, the Insurance Fraud Bureau was one of the most active recruiters this week, welcoming four new staff - including a new operations co-ordinator – into its team.
Marine: A stormy start to 2012 and choppy waters ahead
With the Costa Concordia disaster in January, the marine market has had a tough start to the year. What impact has this had on the state of play in an already difficult sector?
Health and Safety: All about the money
Facing a huge cut in its budget, the Health and Safety Executive is preparing to claw back the shortfall. But plans to charge fees for interventions have met with a mixed response.
Benign weather and rate rises result in record reported profits for insurers
Insurers have reaped the rewards of benign weather and rate rises in catastrophe hit regions, but analysts warn the worst could be yet to come.
Friend or Foe: Q&A with Accident Exchange CEO Steve Evans
Steve Evans has spent four years bringing the activities of rate surveyor Autofocus to light, making him an unpopular figure in insurance circles.
Will Aviva's composite model help deliver increased shareholder value?
Aviva's high-profile boardroom bloodbath, which saw much-derided chief executive Andrew Moss ousted by angry shareholders, has laid bare the composite insurer's trading model.
Allianz posts 57.9% increase in net income for Q1
Allianz recorded strong performance in the first three months of 2012, with quarterly revenues, operating profit and net income all exceeding first-quarter 2011 levels.
Allianz posts second highest Q1 revenue in its history
Insurer has reported a record revenue of €30.1bn in Q1 with UK gross written premiums of almost €600m.
Jelf’s Carter move signals stepping up a gear on key insurer relations
Jelf Insurance Brokers has added Duncan Carter, pictured, to its insurance markets team as markets director in what it says signals a move to be more proactive with key insurers.
Post Blog: Does insurance have to be so complicated?
The complexity of the insurance sector is making it difficult to engage with consumers. Philip Davies, EMEA president of Siegel and Gale, explains.
Allianz hunts P&C acquisition targets
German insurer Allianz is considering property and casualty acquisitions, having a better grasp of future capital requirements for the business under Solvency II, according to reports.